In Brief:
- On Saturday, 20th November, PeckShield called out DxDy.Finance for its fake audit claims.
- PeckShield further claimed that the reports of earlier audits on dYdX have been forged and have been presented as their own by DxDy.
On Saturday, 20th November, PeckShield called out DxDy.Finance for its false audit claims.
In a tweet, Peckshield criticized a so-called DxDy claiming that it has been audited by Peckshiled which was described as not being true. PeckShield further claimed that the reports of earlier audits on dYdX have been forged and have been presented as their own by DxDy.
PeckShield, which is a blockchain security and data analytics company, posted a photo supporting its claim.
A smart contract audit is an extended systematic evaluation and analysis of a smart contract’s code that is used to communicate with a cryptocurrency or blockchain. This process is conducted to discover errors, issues and security bugs in the code in order to suggest improvements and ways to fix them.
About DxDy
DxDy is the governance token of DxDy.Finance. DxDy.Finance is a new generation of a decentralized exchange, using a Layer 2 scalability engine, supporting leveraged transactions, and providing lower transaction rates
About PeckShield
Founded in 2018 by former Qihoo 360 Chief Scientist Xuxian Jiang, PeckShield includes seasoned security professionals and senior researchers from companies such as Juniper, Qihoo 360, Microsoft, Intel, and Alibaba, etc.
With dozens of years of experience in the area of vulnerability analysis, operating systems, and malware defense, PeckShield offers independent service brands such as DAppTotal and CoinHolmes, and also offers total security solutions to all blockchain users.
As a matter of fact, just in August, PeckShield had investigated a hack of nearly $19 million stolen from Cream Finance, major decentralized finance (DeFi) protocol.
